California Probate Code Section 16048

CA Prob Code § 16048 (2017)  

In making and implementing investment decisions, the trustee has a duty to diversify the investments of the trust unless, under the circumstances, it is prudent not to do so.

(Added by Stats. 1995, Ch. 63, Sec. 6. Effective January 1, 1996.)

Last modified: October 25, 2018